CarMax (KMX) Q1 Earnings Preview: Analyst Expectations and Key Financials

Font: Financial Modeling Prep  • Apr 13, 2026

• CarMax is projected to report a significant 67.2% year-over-year decrease in EPS and a 4% decline in revenue for the upcoming quarter.
• Analyst consensus for EPS has seen a 1.3% downward revision over the past 30 days, signaling cautious market sentiment.
• The used vehicle retailer currently holds a trailing P/E ratio of 15.21 and a debt-to-equity ratio of 2.75.

Leading used vehicle retailer CarMax [KMX:NYSE] is a major player in the United States market. The company operates a large network of stores offering a wide selection of cars. KMX is scheduled to release its quarterly earnings report on April 14, 2026, before the market opens, giving investors insight into its recent performance.

Wall Street's consensus estimate for the company's earnings per share (EPS) is $0.21 for the quarter. However, analyst forecasts show some variation. As highlighted by Benzinga, some analysts expect EPS of 23 cents, while other estimates are as low as $0.18 per share, as noted by Defense World.

An EPS of $0.21 would mark a significant 67.2% decrease compared to the same quarter last year. This cautious view is further supported by a 1.3% downward revision in the consensus EPS estimate over the last 30 days, as highlighted by Zacks, indicating analysts are adjusting their expectations.

Revenue for KMX is projected to be approximately $5.69 billion. This figure represents a potential 4% decrease from the $6 billion reported in the year-ago period. Projections from various analysts place the expected revenue in a range between $5.65 billion and $5.76 billion for the quarter.

The company currently has a trailing price-to-earnings (P/E) ratio of 15.21. Its debt-to-equity ratio, a measure of financial leverage, stands at 2.75. This ratio shows how much debt the company uses to finance its assets compared to the amount of value represented in stockholders' equity.